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Platforms
To deploy on Metastock, please follow these steps: |
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- Install Metastock 7 or above
- Install ForeStock
- Enter license keys for all components
- Run ForeStock setup for Metastock
Programs > StockFusion > StockFusion for Metastock
After import succeeds, you will watch ForeStock indicators and experts inside Metastock. They all begin with word: "ForeStock - ". There are offered distinct indicators for all algorithms we have and only one truly schematic expert for illustration. All code is open, so user is expected to develop own extensions based on these patterns.
To use ForeStock in Metastock formulas you must call external functions in StockFusion extension DLL. Simple example of such external call:
ExtFml( "EEMetaSt.AuraEngine", ARIMA )
To call each algorithm, you must enter its
name in formula exactly as given on the table below.
Predictors
Algorithm |
Metastock |
ARIMA |
ARIMA |
Exponential Fit |
EXPONENTIALFIT |
Finite Impulse Response NN |
FINITEIMPULSERESPONSENN |
Finite State Markov Automaton |
FINITESTATEMARKOVAUTOMATON |
Forecast with average value |
FORECASTWITHAVERAGEVALUE |
History Prophet |
HISTORYPROPHET |
Linear Regression |
LINEARREGRESSION |
Logarithmic Fit |
LOGARITHMICFIT |
Naive Predictor |
NAIVEPREDICTOR |
Square Fit |
SQUAREFIT |
Square Root Fit |
SQUAREROOTFIT |
Stepwise Best Regression MVAR |
STEPWISEBESTREGRESSIONMVAR |
Indicators
Algorithm |
Metastock |
1 day ROC of 3 Smooth EMA |
1DAYROCOF3SMOOTHEMA |
Absolute Price Oscillator |
ABSOLUTEPRICEOSCILLATOR |
Aroon Down |
AROONDOWN |
Aroon Oscillator |
AROONOSCILLATOR |
Aroon Up |
AROONUP |
Average Price |
AVERAGEPRICE |
Average True Range |
AVERAGETRUERANGE |
Avg Direct Move Idx Rating |
AVGDIRECTMOVEIDXRATING |
Avg Directional Move Idx |
AVGDIRECTIONALMOVEIDX |
Chaikin AD Line |
CHAIKINADLINE |
Chaikin AD Oscillator |
CHAIKINADOSCILLATOR |
Commodity Channel Index |
COMMODITYCHANNELINDEX |
Directional Movement Index |
DIRECTIONALMOVEMENTINDEX |
Double Exponential MA |
DOUBLEEXPONENTIALMA |
Exponential Moving Average |
EXPONENTIALMOVINGAVERAGE |
FXS Adaptive Moving Average |
FXSADAPTIVEMOVINGAVERAGE |
Hilbert Dominant Cycle Period |
HILBERTDOMINANTCYCLEPERIOD |
Hilbert Dominant Cycle Phase |
HILBERTDOMINANTCYCLEPHASE |
Hilbert Phasor Components |
HILBERTPHASORCOMPONENTS |
Hilbert SineWave |
HILBERTSINEWAVE |
Hilbert Transform Trendline |
HILBERTTRANSFORMTRENDLINE |
Hilbert Trend vs Cycle Mode |
HILBERTTRENDVSCYCLEMODE |
Kaufman Adaptive MA |
KAUFMANADAPTIVEMA |
Linear Regr Angle |
LINEARREGRANGLE |
Linear Regr Intercept |
LINEARREGRINTERCEPT |
Linear Regr Slope |
LINEARREGRSLOPE |
Linear Regression |
LINEARREGRESSION |
MESA Adaptive
Moving Average |
MESAADAPTIVEMOVINGAVERAGE |
Median Price |
MEDIANPRICE |
MidPoint over period |
MIDPOINTOVERPERIOD |
Midpoint Price over period |
MIDPOINTPRICEOVERPERIOD |
Minus Directional Indicator |
MINUSDIRECTIONALINDICATOR |
Minus Directional Movement |
MINUSDIRECTIONALMOVEMENT |
Momentum |
MOMENTUM |
Money Flow Index |
MONEYFLOWINDEX |
On Balance Volume |
ONBALANCEVOLUME |
Parabolic SAR |
PARABOLICSAR |
Percentage Price Oscillator |
PERCENTAGEPRICEOSCILLATOR |
Plus Directional Indicator |
PLUSDIRECTIONALINDICATOR |
Plus Directional Movement |
PLUSDIRECTIONALMOVEMENT |
Rate of change |
RATEOFCHANGE |
Rate of change Percentage |
RATEOFCHANGEPERCENTAGE |
Rate of change ratio |
RATEOFCHANGERATIO |
Relative Strength Index |
RELATIVESTRENGTHINDEX |
Simple Moving Average |
SIMPLEMOVINGAVERAGE |
Time Series Forecast |
TIMESERIESFORECAST |
Triangular Moving Average |
TRIANGULARMOVINGAVERAGE |
Triple EMA |
TRIPLEEMA |
Triple EMA T3 |
TRIPLEEMAT3 |
True Range |
TRUERANGE |
Typical Price |
TYPICALPRICE |
Weighted Close Price |
WEIGHTEDCLOSEPRICE |
Weighted Moving Average |
WEIGHTEDMOVINGAVERAGE |
Williams Percent R |
WILLIAMSPERCENTR |
In addition to standard function AuraEngine,
we offer the extended function AuraEngineEx. This function is full
analog of AuraEngine except it makes real backtest, that is, it
recalculates each model on each step fully excluding possibility of forward
looking effect in the backtest. Due to this difference, AuraEngineEx is
longer in calculation than AuraEngine exactly number of times as the
number of points in series. For example, if the series has 1000 points, then AuraEngineEx will take 1000 times more to calculate. Unless you have very powerful computer
or do need very scrupulous backtest, we always advise using AuraEngine with nearly equal results.
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Unraveling the Mystery
of Stock Prices
Here’s a simple method you can apply to interpret financial charts. It uses classical statistics as well as a number of simple chart indicators, which may help you better understand classical charts from the viewpoint of random processes.
Every trader is familiar with stock charts. To most traders the chart is just a common tool, like a hammer is to the carpenter. The exception is the new trader reading charts for the first time or the advanced trader who begins to question the value of the charts he or she watches.
Although financial charts can be vivid and attractive, they do tend to have contradictions with modern statistics. The charts can introduce dubious and unstable measures, which in turn become the basis of popular trading strategies. This could increase the risk of your trading operations.
...read further in
Stocks & Commodities V. 28:3 (10-16)
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Terms and conditions | Privacy policy | Disclosure statement | Useful links |
Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts. Please view the document titled Risk Disclosure Statement for Futures and Futures Options. |
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